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U.S. Likely To Ban Chinese App Deepseek From Government Devices - WSJ
March 7 (Reuters) - U.S. LIKELY TO BAN CHINESE APP DEEPSEEK FROM GOVERNMENT DEVICES - WSJTRUMP ADMINISTRATION ALSO CONSIDERS BROADER MEASURES AGAINST DEEPSEEK OVER NATIONAL-SECURITY CONCERNS - WSJSource text: https://tinyurl.com/5n86uff3Reuters
Fri, Mar 7
Other
US reciprocal tariffs will impose one rate per country, White House adviser says
WASHINGTON, March 7 (Reuters) - President Donald Trump's reciprocal tariffs planned for April 2 will impose one rate for each country that will reflect tariffs and non-tariff measures imposed on the U.S., White House trade adviser Peter Navarro told CNBC in an interview on Friday."The concep...Reuters
Fri, Mar 7
Other
INSIGHT-DOGE job cuts bring pain to Trump heartland
By Nathan Layne and Aleksandra Michalska PARKERSBURG, West Virginia, March 7 (Reuters) - Jennifer Piggott proudly hung a red-and-blue Trump campaign flag outside her one-story home during the November election race. Now, after she was abruptly fired from her civil service job, her days of support...Reuters
Fri, Mar 7
Other
LDI says Liberty Mutual owes $4 million to LA policyholders after overcharging assessment
By Mia MacGregorMarch 7 - (The Insurer) - Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Citizens Property Insurance Corporation Emergency Assessment for the past four years, according to the state's insurance commissioner T...Reuters
Fri, Mar 7
Other
Soccer-Arsenal’s Arteta looks ahead to Manchester United test with confidence
LONDON, March 7 (Reuters) - Arsenal manager Mikel Arteta praised Manchester United's character and legacy ahead of Sunday's clash while highlighting the boost his side got from their midweek 7-1 Champions League win at PSV Eindhoven as the key to maintaining momentum.Arteta's second-plac...Reuters
Fri, Mar 7
Economic Indicator
US pushes India to lower tariffs, buy more defence products for fair new deal
India need to stop defence purchases from Russia, US commerce secretary says Lutnick asks India to lower its high tariffs as part of bilateral deal US wants India to open its agriculture market for American firms US, India aim to sign bilateral trade pact by autumn of 2025By Shivangi Acharya and M...Reuters
Fri, Mar 7
Other
MercadoLibre plans $3.4 billion Mexico investment in 2025
MEXICO CITY, March 7 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O will invest $3.4 billion in Mexico this year, focusing on its tech product and financial services, an executive from the firm said on Friday."This figure represents a 38% increase compared to our investment last...Reuters
Fri, Mar 7
Other
Hippo in talks with regulator about increasing writings in California
By Chris MunroMarch 7 - (The Insurer) - Hippo is in discussions with California’s Department of Insurance as it considers writing more homeowners business in the state, with CEO Rick McCathron stating that following the wildfires there is an opportunity to assume more risk provided it is properly pr...Reuters
Fri, Mar 7
Other
US likely to ban Chinese app DeepSeek from government devices, WSJ reports
March 7 (Reuters) - The White House is weighing measures to restrict Chinese artificial-intelligence company DeepSeek, including banning its chatbot from government devices because of national security concerns, the Wall Street Journal reported on Friday, citing people familiar with the matter.Reuters
Fri, Mar 7
Other
Canada court approves $23 billion settlement to end Big Tobacco lawsuits
March 7 (Reuters) - A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units of three Big Tobacco companies will pay C$32.5 billion ($22.67 billion), Philip Morris and British American Tobacco said on Friday.The settlement resolves lawsuits —...Reuters
Fri, Mar 7
Economic Indicator
Fed's Williams: Data points to stable inflation expectations
By Michael S. Derby NEW YORK, March 7 (Reuters) - Federal Reserve Bank of New York President John Williams said on Friday that so far there’s no evidence that inflation expectations are starting to run into any form of trouble. Based on recent data, “there is no sign of inflation expectations bec...Reuters
Fri, Mar 7
Stocks
CORRECTED-CANADA STOCKS-TSX opens lower, set for worst week in nearly 18 months
March 7 (Reuters) - Canada's main stock index slipped on Friday as investors parsed domestic and U.S. employment data, putting the benchmark on track for its biggest weekly fall in nearly 18 months.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE w...Reuters
Fri, Mar 7
Other
WR Berkley adds Liberty Mutual's Kidd as executive vice president
By Isha MaratheMarch 7 - (The Insurer) - WR Berkley Corporation has hired Heath Kidd, former vice president at Liberty Mutual, as executive vice president, effective immediately. Kidd has over 30 years of experience in the industry. Before his most recent five-year term at Liberty as vice president...Reuters
Fri, Mar 7
Stocks
U.S. STOCKS ON THE MOVE-Energy firms, Jazz Pharma, KLX Energy
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report and awaited comments from Federal Reserve Chair Jer...Reuters
Fri, Mar 7
Stocks
The Nasdaq Just Hit Correction Territory. History Says The Stock Market Will Do This Next (Hint: It May Surprise You)
The U.S. stock market has stumbled in recent weeks as the Trump administration imposed tariffs on goods imported from Canada, China, and Mexico, potentially starting a trade war. The market has been especially volatile because the White House has wavered on its trade policy, first imposing duties an...The Motley Fool
Fri, Mar 7
Stocks
Rand falls as Trump to cut US federal funding to South Africa
By Tannur Anders JOHANNESBURG, March 7 (Reuters) - South Africa's rand fell on Friday after U.S. President Donald Trump said he would cut off all federal funding to the country, while the dollar sagged after data showed the U.S. economy created fewer jobs than expected last month. At...Reuters
Fri, Mar 7
Stocks
CORRECTED-CANADA STOCKS-TSX futures flat, but index set for worst week in nearly 18 months
March 7 (Reuters) - Futures linked to Canada's primary stock index held steady on Friday, although the benchmark was on track for its biggest weekly fall in nearly 18 months.The futures on the S&P/TSX index SXFcv1 were down 1% at 6:25 a.m. ET (1125 GMT). The S&P/TSX composite index .GSPT...Reuters
Fri, Mar 7
Other
ProFinity unveils new faulty workmanship liability extension
By Chris MunroMarch 6 - (The Insurer) - ProFinity Insurance Services has brought a new faulty workmanship liability coverage to market, with the offering targeted at artisan contractors and backed by A-rated capacity.The new coverage extension works in tandem with ProFinity’s SME contractor-focused ...Reuters
Fri, Mar 7
